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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 0 $ 84,631
Accounts receivable 786,742 124,577
Unrealized gain on derivative instruments 447,236 113,081
Inventory 435,064
Prepaids 102,033 45,214
Total current assets 1,771,075 367,503
Oil and natural gas properties, successful efforts 10,875,926 1,645,297
Less: accumulated depreciation and depletion (895,472) (15,527)
Total oil and natural gas properties, net 9,980,454 1,629,770
Other property and equipment, net of $262 accumulated depreciation 14,194
Total property and equipment, net 994,648 1,629,770
Total assets 11,765,723 1,997,273
Current liabilities:    
Accounts payable 733,963 320,749
Accrued expenses 1,528,376 141,033
Current portion of long term notes payable 149,602 279,204
Total current liabilities 2,411,941 740,986
Long term notes payable 6,580,150 1,175,820
Asset retirement obligations 3,701,247 230,650
Total liabilities 12,693,338 2,147,456
Stockholders' deficit:    
Common stock - $.001 par value 150,000,000 shares authorized, 19,867,277 and 17,345,609 shares issued and outstanding, respectively 19,867 17,345
Additional paid in capital 18,774,426 16,960,818
Accumulated deficit (19,721,908) (17,128,346)
Total stockholders' deficit (927,615) (150,183)
Total liabilities and stockholders' deficit $ 11,765,723 $ 1,997,273